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AI MedTech Company SHMD Co., Ltd. Selected for Chungbuk Intellectual Property Center’s “IP Narae Program”

By 2025-05-21June 11th, 2025No Comments

AI MedTech Company SHMD Co., Ltd. Selected for Chungbuk Intellectual Property Center’s “IP Narae Program”

2025-05-21
NEWS

AI-Based Cerebral Blood Flow Diagnostic MedTech Company SHMD Selected for Chungbuk Intellectual Property Center’s “IP Narae Program”

SHMD Co., Ltd., led by CEO Minyoung Song and composed of top domestic and international medical professionals and healthcare experts, announced on the 12th that it has been selected for the “IP Narae Program” operated by the Chungbuk Intellectual Property Center (a branch of the Korea Invention Promotion Association in North Chungcheong Province).

SHMD is gaining attention in the medical device and digital healthcare sectors by developing early diagnosis solutions for vascular diseases using artificial intelligence (AI), including a wearable TCD (transcranial Doppler) device and an AI-powered integrated brain health monitoring app. In 2024, the company successfully secured seed investment and was selected for the government-supported tech startup program TIPS (Tech Incubator Program for Startup Korea), achieving rapid progress.

The IP Narae Program is a national initiative aimed at enhancing the competitiveness of technology-based startups by providing IP-based technical and business consulting services. SHMD was selected for the program in recognition of its strong intellectual property management capabilities, including R&D activities led by CEO Minyoung Song—who is well-known both as a legal professional and a skilled developer—along with strategic patent and trademark applications and systematic technology protection measures.

Through the IP Narae Program, SHMD plans to discover new patents related to its core technologies and advance its IP portfolio to further strengthen the foundation for attracting both domestic and global investments and expanding internationally.

An SHMD representative stated, “For AI-based medical technology companies, intellectual property is more than just a protective measure—it is a core asset that enhances corporate value. Through the IP Narae Program, we aim to establish a more structured IP strategy and continue to protect and expand our innovative technologies moving forward.”

BACK
Company name:
SHMD
E-mail:
contact@shmd.io
CEO:
Lauren Minyeong Song
ⓒ 2025 SHMD. ALL RIGHTS RESERVED.
HQ:
2F, 8-1, Pungnyeon-ro 206beon-gil, Cheongju-si, Chungcheongbuk-do, Republic of Korea
AI MEDTECH LAB:
6F, 169, Yeoksam-ro, Gangnam-gu, Seoul, Republic of Korea

Privacy Policy

Last Updated: June 01, 2026

SHMD, Ltd. ("SHMD", "we", "our", or "us") is committed to protecting your privacy and personal information. This Privacy Policy explains how we collect, use, disclose, store, and protect information when you use our applications, including but not limited to:

  • BRAINCHECK
  • CEREBAND
  • SkinWave
  • Related mobile applications, websites, and services (collectively, the "Services")

By accessing or using our Services, you agree to the collection and use of information in accordance with this Privacy Policy.

1. Information We Collect

We may collect the following categories of information.

A. Account Information

  • Name
  • Email address
  • Phone number
  • Date of birth
  • Gender
  • Country of residence

B. Health and Wellness Information

Depending on the Service used, we may collect the following information.

BRAINCHECK

  • Health questionnaires
  • Stroke risk assessment data
  • Headache assessment information
  • Cognitive assessment results
  • Voice recordings and derived analysis for carotid artery stenosis screening

CEREBAND

  • Cerebral blood flow measurements
  • Ultrasound-derived physiological data
  • Cerebrovascular monitoring results
  • Clinical assessment records

SkinWave

  • Skin condition information
  • Device usage records
  • Beauty and wellness assessment results
  • Treatment session history

C. Device and Technical Information

We may automatically collect the following information.

  • Device model
  • Operating system version
  • Mobile device identifiers
  • IP address
  • App version
  • Log data
  • Crash reports
  • Usage analytics

D. Customer Support Information

When you contact us, we may collect the following information.

  • Communication records
  • Support requests
  • Feedback and survey responses

2. How We Use Information

We use collected information to:

  • Provide and operate our Services
  • Deliver health and wellness assessments
  • Generate reports and recommendations
  • Improve product performance and user experience
  • Monitor system security and reliability
  • Respond to inquiries and customer support requests
  • Conduct research and statistical analysis
  • Comply with legal obligations
  • Prevent fraud, abuse, and unauthorized access

3. Medical Disclaimer

The Services are intended to provide wellness, screening, educational, and informational support only.

The Services are not intended to diagnose, treat, cure, or prevent any disease and do not replace professional medical advice, diagnosis, or treatment.

Users should always seek advice from qualified healthcare professionals regarding medical conditions or health concerns.

4. Legal Basis for Processing

Where applicable, we process personal information based on:

  • User consent
  • Performance of a contract
  • Compliance with legal obligations
  • Legitimate business interests
  • Protection of vital interests

5. Sharing of Information

We do not sell personal information.

We may share information in the following cases.

1. Service Providers

We may engage external providers to perform the following functions.

  • Cloud hosting
  • Data storage and backup
  • Analytics
  • Technical support
  • Security monitoring

2. Healthcare Partners

Where explicitly authorized by the user or required for service delivery.

3. Legal Requirements

We may disclose information to relevant authorities in the following cases.

  • Applicable laws
  • Court orders
  • Government authorities
  • Regulatory agencies

4. Corporate Transactions

Information may be transferred in the following cases.

  • Merger
  • Acquisition
  • Investment
  • Reorganization
  • Sale of assets

6. International Data Transfers

Your information may be processed and stored in countries outside your country of residence.

SHMD takes reasonable measures to ensure appropriate safeguards are in place for cross-border data transfers.

7. Data Retention

We retain personal information only for as long as necessary to provide Services.

However, information may be retained in accordance with applicable law in the following cases.

  • Fulfill contractual obligations
  • Resolve disputes
  • Enforce agreements

Unless otherwise required by law, personal information will generally be deleted or anonymized after account deletion and completion of applicable retention periods.

8. Data Security

We implement reasonable safeguards to protect personal information, including:

  • Encryption of transmitted data
  • Access controls
  • Authentication procedures
  • Secure cloud infrastructure
  • Security monitoring and auditing

However, no system can guarantee absolute security.

9. Children's Privacy

Our Services are not intended for children under the age required by applicable law without parental or legal guardian consent.

10. Your Rights

Subject to applicable law, you may have the right to:

  • Access your personal information
  • Correct inaccurate information
  • Request deletion of information
  • Restrict processing
  • Object to processing
  • Withdraw consent
  • Request data portability

Requests may be submitted using the contact information below.

11. Account Deletion

Users may request deletion of their account and associated personal information at any time.

Deletion requests may be submitted to:

Email: contact@shmd.io

We will process deletion requests in accordance with applicable laws and regulatory requirements.

12. Third-Party Services

Our Services may integrate with the following third-party platforms.

  • Apple App Store
  • Google Play Store
  • Firebase
  • Google Analytics
  • Cloud hosting providers (e.g. AWS)

These third parties maintain their own privacy policies and practices.

13. Changes to This Privacy Policy

We may update this Privacy Policy periodically.

Material changes will be communicated through the Services or other appropriate channels.

14. Contact Information

SHMD, Ltd.

Website: https://shmd.io

Email: contact@shmd.io

For privacy-related inquiries, requests, or complaints, please contact us using the information above.

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